McConnell pledges to bring Trump’s SCOTUS pick up for vote
Senate Majority Leader Mitch McConnell said Friday night that a Trump nominee would get a vote, although he denied President Obama the same opportunity in a similar situation four years ago.
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U.S. incomes surged, poverty fell to 60-year low before pandemic
Median, inflation-adjusted household income increased 6.8% last year, to $68,703—among the fastest gains on record—as more Americans got jobs and wages rose, according to annual data released Tuesday by the U.S. Census Bureau.
Heart injury after COVID-19 spurs call to screen college athletes
The finding adds to a growing body of evidence that the pneumonia-causing coronavirus is also resulting in damage to the heart, as well as other organs.
Kroger sales show virus-fueled grocery demand holding steady
The online grocery market is nearly five times larger than it was just a year ago, according to consultants Brick Meets Click and Mercatus, as consumers remain wary of entering stores.
Fixed mortgage rates tumble to lowest levels in history
The 30-year fixed rate has never been this low since Freddie Mac began tracking mortgage rates in 1971. It surpassed the previous low of 2.88%, set last month.
NFL broadcasts to feature phantom fans cheering stellar plays
The NFL is set to kick off its 2020 season Thursday night in Kansas City, where 16,000 fans are expected. But it will sound as if 76,416 spectators are cheering thanks to NFL Films, which is supplying prerecorded audio specific to each NFL venue.
Sanofi, Glaxo start human trials for COVID-19 vaccine
Two of the world’s biggest vaccine makers, began testing their experimental COVID-19 shot in the first patients on Thursday and aim to start late-stage trials before year-end.
Beef proving more profitable than chicken in pandemic
Inexpensive chicken was supposed to be the pick of the proteins in the pandemic. But suppliers with a greater focus on beef are outperforming those that rely more on poultry.
U.S. unemployment falls to 8.4% as employers add 1.4 million jobs
The U.S. economy has recovered about half of the 22 million jobs lost to the pandemic.
Fauci warns Indiana, six other states to be on alert over Labor Day
There’s particular concern since the holiday comes as more Americans are going back to schools, colleges and work, and commercial travel expands.
In Anthem-Cigna ‘soap opera,’ judge hands damages to neither
A Delaware judge on Monday rebuffed efforts by both Cigna Corp. and Indianapolis-based Anthem Inc. to collect billions over their failed merger.
Amount of pandemic pain felt by small businesses varies by region
In Indiana, 24.6% of companies reported a large negative overall effect from the pandemic. That was 8.4% lower than the national average.
Why a historic eviction wave is bearing down on U.S.
According to the Census Bureau, about a third of renters said in July that they had no confidence or slight confidence in their ability to pay for housing in August.
Fannie-Freddie foreclosure suspension extended to year’s end
Fannie and Freddie, which backstop about $5 trillion of home loans, will also extend their moratorium on evictions from real-estate owned properties until at least Dec. 31, the Federal Housing Finance Agency said.
Retailer Stein Mart files for bankruptcy, might close all 281 stores
Stein Mart is a discount retailer that runs 281 stores in 30 states, including four in the Indianapolis area.
Cheapest apartments facing biggest foreclosure risk from pandemic
While landlords at the priciest, amenity-rich apartments have collected most of their rent payments during the pandemic, owners of older, less fancy units—the backbone of the nation’s affordable housing supply—have not fared as well.
Pandemic leads to boom in plastic surgery
For many high-end cosmetic surgeons, the rest of 2020 looks set to be a blockbuster period for nips and tucks.
NFL plans to use tech, lessons from baseball to forge ahead
The National Football League, a little over a month from the start of its 2020 season, has a plan to avoid the kind of coronavirus-driven game cancellations that have plagued the start of Major League Baseball.
California’s lockdown-related job losses portend trouble for rest of nation
Renewed job losses in California brought on by revived lockdown efforts might have a preliminary impact in the July U.S. jobs report due Friday—and an even bigger effect in August.
Parent of Men’s Wearhouse, Jos. A. Bank goes bankrupt
Tailored Brands, the owner of Men’s Wearhouse, Jos. A. Bank and K&G Fashion Superstore, has 11 total stores in the Indianapolis area.